The bank reported standalone net profit of Rs 7.10 crore for the quarter ended March 31, 2026 as compared to Rs 24.00 crore in the same period last year, registering a year-on-yearÿdeclineÿof 70.42 per cent.

Interest income of the bank rose by 21.45 per cent at Rs 64.10 crore for the quarter ended March 31, 2026 as against Rs 52.78 crore in the corresponding period last year.

During the January-March quarter, total income dipped substantially by 31.11 per cent to Rs 339.98 crore from Rs 493.49 crore in the year ago period.

Meanwhile, operating expenses dropped by 27.86 per cent to Rs 334.59 crore from Rs 463.79 crore in the same period last year.

Operating profit slipped 81.85 per cent to Rs 5.39 crore from Rs. 29.70 crore.

Provisions and Contingencies slipped by 0.00 per cent at Rs 0.00 crore from Rs 0.00 crore a year ago.

NII, the difference between interest earned on loans and interest paid on deposits, increased by 31.47 per cent at Rs 35.22 crore versus Rs 26.79 crore in the year ago period. Non-interest income dipped 37.40 per cent year-on-year to Rs 275.88 crore.

On the asset side, gross non- performing assets (NPAs)ÿfellÿto 0.00 per cent of the gross advances as at the end of March 31, 2026 from a level of 0.00 per cent year earlier. Its net NPAs or bad loans tooÿdeclinedÿto 0.00 per cent of net advances on March 31, 2026 from 0.00 per cent a year ago.